There is currently legislation before Parliament seeking to tighten up rules around incorporation of companies on the New Zealand Companies Office Register. In particular, there is concern about companies being incorporated with offshore shareholders and directors, and then being used in criminal activities. A large part of the reason for this concern is that there [...]

Writing Letters to Your Loved Ones Before Your Death
Hi Janet Xuccoa here. Today’s topic is about writing letters to your loved ones before your death. This is something that is very hard to do but is so valuable to your loved ones. Watch my shot video to find out why. I hope you enjoyed my short video blog.

Latest Tax Update
Latest Tax Update Late last year the IRD issued a raft of statements including draft new legislation and new interpretations of existing rules. A few important ones that clients should note as potentially relevant are: The IRD have issued a new interpretation statement (not in draft form) on the taxation of accommodation benefits. Up [...]

What’s the Single Largest Cause of Bankruptcy in New Zealand?
What’s the single largest cause of bankruptcy in New Zealand? Incompetence? Dodgy dealings? Laziness? No – it’s the IRD. If someone was running around hitting people over the head with sledgehammers just for the sake of it, you’d be right to be concerned. And concerned we are, because that’s exactly what the IRD have been [...]

Difference Between Wills and Memorandum of Wishes
Hi Janet Xuccoa here. Today I discuss a very common topic that many New Zealanders get mixed up about what the difference is between Wills and Memorandum of Wishes. I hope you enjoyed my short video blog. Ciao. Janet Professional Trustee Services Gilligan Rowe + Associates LP Chartered Accountants Learn more about Janet Email: jx@gra.co.nz Ph: +64 9 522 7955 P.S. [...]
Mortgage Rates Steady As She Goes
While we (property investors, home buyers, Kris Pedersen Mortgages) are closing watching RBNZand#8217;s every move regarding the OCR and the impact on interest rates they are watching us! Mortgage rates are wonderfully low right now and weand#8217;re keen to see it stay this way. & However there are economic factors at play that may upset [...]
Janet Xuccoa Releases New Book to Help Kiwis with their Finances
Janet Xuccoa (partner of Gilligan Rowe + Associates) has just released a book titled and#8220;101 Money Secretsand#8221; aimed at people who want to improve their personal finances. Janet also wrote a book on trusts for New Zealand which is extremely good so I know this one will be packed full of good advice. Over the [...]

Proposed New IRD Position on Residency
The IRD has recently released a draft interpretation statement on tax residency. and Although only draft at this stage, it signals a significant change in the way the IRD applies tax residency rules and if finalised without alteration may impact upon clients whom are outside of New Zealand and currently regard themselves as non-tax resident. [...]

What’s the Difference Between General Powers of Attorney and Enduring Powers of Attorney
Hi Janet Xuccoa here. Today's topic says it all, what is the difference between General Powers of Attorney and Endruing Powers of Attorney. Listen in and I will explain. I hope you enjoyed my short video blog. Ciao.and and and Janet Professional Trustee Services Gilligan Rowe + Associates LP Charteredand Accountants Learn moreand about Janet [...]
Will There Be A Mortgage Rate Rise Soon?
New Zealandand#8217;s residential property market is well and truly alight with the Christchurch rebuild well underway and the freeing up of more land in Auckland giving rise to new property builds. & So does this mean we should be expecting a rise in lending rates any time soon? Any rise in lending rates and the [...]


